Monolith Management Ltd Buys New Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Monolith Management Ltd bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,400 shares of the semiconductor company’s stock, valued at approximately $246,000. Kulicke and Soffa Industries accounts for approximately 0.1% of Monolith Management Ltd’s investment portfolio, making the stock its 20th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new stake in Kulicke and Soffa Industries during the 4th quarter valued at approximately $30,000. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries during the 3rd quarter valued at approximately $29,000. Salomon & Ludwin LLC raised its stake in Kulicke and Soffa Industries by 48.4% during the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 254 shares during the period. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the 3rd quarter valued at approximately $33,000. Finally, Kestra Advisory Services LLC bought a new stake in Kulicke and Soffa Industries during the 4th quarter valued at approximately $39,000. Institutional investors own 98.22% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Needham & Company LLC lifted their price objective on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

Read Our Latest Analysis on Kulicke and Soffa Industries

Kulicke and Soffa Industries Price Performance

NASDAQ:KLIC opened at $117.27 on Wednesday. Kulicke and Soffa Industries, Inc. has a 1 year low of $31.32 and a 1 year high of $124.75. The stock’s 50 day simple moving average is $94.83 and its two-hundred day simple moving average is $71.52. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 112.76 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The business had revenue of $242.62 million for the quarter, compared to the consensus estimate of $228.75 million. During the same quarter in the previous year, the company posted ($0.52) EPS. The company’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th will be paid a $0.205 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.

Insider Buying and Selling

In other news, Director Peter T. M. Kong sold 1,551 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the transaction, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. The trade was a 1.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the transaction, the senior vice president directly owned 71,369 shares in the company, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 38,051 shares of company stock worth $4,030,880. 1.20% of the stock is owned by company insiders.

About Kulicke and Soffa Industries

(Free Report)

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.

See Also

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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